AFL seems breaking out of a flag formation and closing its all time high. Moneyflow is very strong. We think it has good upside potential. To play this we would consider August $77.50 Calls
* Trade Criteria *
Date First Found- June 19, 2017
Pattern/Why- Flag formation Momentum Long
Entry Target Criteria- August $77.50 Calls @ $2.40
Exit Target Criteria-...
Hello Traders,
Aflac is nearing a completion of a BEARISH Wolfe Wave. Point 5 has not yet been created and a Potential Target Before Decline has been defined at 82.63. Once that level is achieved expect a bearish force to come into play.
Best,
Chartistry
$AFL daily showing channel up paired with multiple neg divergences on RSI, Williams %R, and the Chaikin Money Flow. Touched to upper channel extreme. Keltner is mid ranged, w/ small gap still open below to fill @ 65.50.
This week one of a few stocks that needs to be watched includes AFLAC. The duck stock has been in a difficult situation all most the entire year though their operations are humming along just fine. The company is hitting its targets and making a steady profit. The strength of the dollar and weakness of the yen is a major problem to the company's large operations...
